I am preparing for my children to study in a University in Australia

nizi

I am not Australian and live overseas. I am preparing for my children to study in a University in Australia in the near future.

Q:I am not Australian and live overseas. I am preparing for my children to study in a University in Australia in the near future. Should I invest in a property in Australia now, so that my children can live in it when they do enter a University in Australia?

A:
It may be necessary to consider property investment based on investment criteria and not confuse this with the property that your children may be able to use.

Often, the property you intend for your children to use may not be suitable when the time comes as there may be alternative accomodation or more appropriate, suitable and convenient accomodation at that time.

Investing in an investment property now may be determined by your analysis of :
the appropriate time to allocate or park funds in an Australian property . This can be parking funds of about 30% of the value of the property and the balance funded by the bank ;
evaluating that you may derive break even cash flow , or acceptable cash outflow to hold the property , after receipt of rent income deducting all expenses ;  
possible capital growth potential that would enhance your equity in the property ;
refinancing your property at the appropriate time to release funds for your children''s eduction expenses .
We do assist our clients in their investment review by providing the property investment analysis illustrating the different scenarios. Should you wish to have information on this, please send us an email : eve.zhao@yonginvest.com